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Algonquin 60102 Algonquin Heights
27 Woodview Lane
$325,000
● House - Off Market

27 Woodview Lane

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,300 Ft²
$325,545
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome to 27 Woodview LN!!! This beautiful corner lot ranch offers many updates and upgrades. First floor boats living room, dining room area with amazing kitchen with white cabinetry and SS appliances. Gorgeous hardwood floors and 4 bedrooms and two full baths on the first floor. For your delight and family entertainment, the basement is fully finished with 3 extra bedrooms, exercise room, family room, half bath and laundry room. There is a big deck located on the backyard, very convenient for your summer gatherings!! There is 1.5 attached garage and a very spacious driveway!! You will truly fall in love with this house!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$250
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11770268)

Price History

Date / Event Date Event Price
Jun 9, 2023 Sold
Premium
Sold
Apr 28, 2023 Listed by Illinois Real Estate Partners $325,000
Listed by Illinois Real Estate Partners

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,274
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,460
  • Total Building Area: 2,548
  • Building Area: 1,274
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,274
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WECKS 2ND ADDN
  • Land Acres: 0000000240
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2016R0016504 LT 18 WECKS 2ND ADDN

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871404

Geography

  • Parcel: 19-34-426-009
  • Block: 426
  • Lot: 18
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1613
  • Longitude: -88.2791

    Address

  • Full Address: 27 Woodview Ln
  • Address - House Number: 27
  • Address - Street Name: Woodview
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C003
  • 4-Digit Zip Code: 3037
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $513,688
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 262,023
  • High Value: 301,593
  • Low Value: 222,452

    Market Valuation

  • Market Total Value: $179,697
  • Market Land Value: $51,750
  • Market Improvement Value: $127,947

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,899
  • Assessed Land Value: $17,250
  • Assessed Improvements Value: $42,649

    Sales

  • Current Sale Contract Date: Jun 02, 2023
  • Current Sale Recording Date: Jun 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14057
  • Previous Sale Recording Date: May 16, 2016
  • Previous Sale Contract Date: Apr 25, 2016
  • Previous Sale Amount: $198,000
  • Previous Sale Document Type: 69

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Algonquin Heights

Stats & Trends

Median Asking:

$379,990

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1762 ft²

Average Home Age

30.2 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1381 Glacier Parkway, Algonquin, IL, 60102

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,856 ft²
1381 Glacier Parkway, Algonquin, IL, 60102 Listing by Uver Perez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Francis Vasquez, Illinois Real Estate Partners
Last Updated: 3 years ago
Data Source: MRED, MLS# 11770268
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 27 Woodview Lane built and last sold?
The property at 27 Woodview Lane was built in 1960 and last sold on Jun 2, 2023 for $325,000.
How much is this home worth?
The estimated value of the home located at 27 Woodview Lane is $0.
What are some comparable homes to 27 Woodview Lane?
There are currently no comparable homes to 27 Woodview Lane.
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